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Non-landed private home rents down 6.4% in 2014

For HDB flats, SRX's rental index declines by 2.1 per cent for the whole of last year

Published Wed, Jan 14, 2015 · 09:50 PM

Singapore

RENTS of non-landed private residential properties have shown continued decline since February last year, falling 0.8 per cent in December compared to November, flash estimates from Singapore Real Estate Exchange (SRX) showed on Wednesday.

This translates to a 6.4 per cent fall since the start of the year, and a 10.1 per cent decline from the peak in January 2013.

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